HS Icon Wheat in  Flag Italy

2020
Exports | Imports
: $24.8M | $1.89B, World Rnk 41 / 123
Flag Rnk 776 / 1216 | World Rnk 6 / 191
Flag Rnk 41 / 1213

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2.1M | $203M, Libya |  Canada

2020
ECONOMIC COMPLEXITY of Italy
: 1.3, Rnk 19 / 127

2020
PRODUCT COMPLEXITY  IN Wheat
: -0.49, Rnk 700 / 1029

Exports In 2020, Italy exported $24.8M in Wheat, making it the 41st largest exporter of Wheat in the world. At the same year, Wheat was the 776th most exported product in Italy. The main destination of Wheat exports from Italy are: France ($7.62M), Greece ($2.87M), Switzerland ($2.55M), Libya ($2.1M), and Germany ($1.58M).

The fastest growing export markets for Wheat of Italy between 2019 and 2020 were Libya ($2.1M), Greece ($1.07M), and Morocco ($556k).

Imports In 2020, Italy imported $1.89B in Wheat, becoming the 6th largest importer of Wheat in the world. At the same year, Wheat was the 41st most imported product in Italy. Italy imports Wheat primarily from: Canada ($447M), France ($272M), Hungary ($267M), United States ($242M), and Austria ($110M).

The fastest growing import markets in Wheat for Italy between 2019 and 2020 were Canada ($203M), Hungary ($46.4M), and United States ($43.7M).

Tariffs In 2017, the average tariff for Italy in Wheat was 9.57%. The countries with the highest import tariffs for Wheat were Turkey (Most Favoured Nation duty rate treatement, 21.3%), Costa Rica (Most Favoured Nation duty rate treatement, 21.3%), Guatemala (Most Favoured Nation duty rate treatement, 21.3%), Honduras (Most Favoured Nation duty rate treatement, 21.3%), and Nicaragua (Most Favoured Nation duty rate treatement, 21.3%).

Subnational Monthly Trade

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Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wheat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $24.8M

IMPORTS (2020): $1.89B

NET TRADE (2020): -$1.87B

In 2020, Italy exported $24.8M in Wheat. The main destinations of Italy exports on Wheat were France ($7.62M), Greece ($2.87M), Switzerland ($2.55M), Libya ($2.1M), and Germany ($1.58M).

In 2020, Italy imported $1.89B in Wheat, mainly from Canada ($447M), France ($272M), Hungary ($267M), United States ($242M), and Austria ($110M).

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THE FASTEST GROWING Wheat EXPORT MARKETS FOR Italy WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Italy WERE (2019 - 2020):

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Market Concentration

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In 2020, Italy's main exporting competitors in Wheat were:

In 2020, Italy's main importing competitors in Wheat were:

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